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of the Bank of Russia’s 2024 profit was credited to the budget
accounts. The Federal Treasury (FT) may use these funds to finance expenses
the federal budget was to become an important
disinflationary factor this year. Nevertheless, they also mentioned growing
uncertainty over future dynamics of budget revenues, given
the amount of NWF resources allocated in 2024 to finance the federal budget deficit outside the fiscal rule (1,300.0
billion). For more details
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21.05.2025
the federal budget was to become an important disinflationary factor this year. Nevertheless, they also mentioned growing uncertainty over future dynamics of budget revenues, given
operations.
Institution’. Regional and local budget funds are treasury accounts
balances of the regional budgets and local budgets.
Other budget funds are total funds of
climate policies, innovative technologies and energy transition,
a rise in risks to budget stability, and negative sentiment among investors, clients and consumers
might cause a
key
rate and the interest rate on subsidised loans from the federal budget. However, growth in consumer
lending continued to decelerate (SA), due to tighter
238
25.04.2025
significant. High domestic demand is backed up by rising household incomes and budget expenditures. However, high-frequency data and surveys of businesses indicate that growth in
high inflation expectations among households and
prices were
and one-off
businesses, rising budget expenditures,РАЗВИТИЕ factors such as an increase in tariffs and the
ТЕХНОЛОГИЙ
240
25.04.2025
significant. High domestic demand is backed up by rising household incomes and budget expenditures. However, high-frequency data and surveys of businesses indicate that growth in